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Peyto Exploration & Development Corp. (T:PEY)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 300, 600, 3rd Avenue S.W
Tel: N/A
IR: See website
Key People
Donald T. Gray
Independent Chairman of the Board
Stephen J. Chetner
Corporate Secretary
Darren Gee
President, Chief Executive Officer, Director
Kathy Turgeon
Chief Financial Officer, Vice President - Finance, Director
Jean-Paul Lachance
Chief Operating Officer, Vice President - Engineering
Todd Burdick
Vice President - Production
Lee Curran
Vice President - Drilling and Completions
Timothy Louie
Vice President - Land
David M. Thomas
Vice President - Exploration
Scott Robinson
Vice President - Business Development
Business Overview
Peyto Exploration & Development Corp is a Canada-based energy company. The Company is engaged in acquisition, exploration, development and production of oil and natural gas in Western Canada. Its portfolio of assets includes exploration, exploitation and development opportunities located primarily in the Deep Basin of Alberta. It operates in over three areas, such as the Greater Sundance, Northern Area and Brazeau River areas of Alberta. The Greater Sundance area is located approximately 50 kilometers west of Edson, Alberta, from Township 50-56 and Range 19-24 west of the fifth meridian. The Northern Area includes producing properties in regions, including Smoky, Kakwa, Chime, Kiskiu, Chicken and Cutbank and it covers Townships 57-64 and Ranges 2-7 west of the sixth meridian. The Brazeau River area is located over 180 kilometers southwest of Edmonton, Alberta, from Township 41-44 and Range 12-13 west of the fifth meridian.
Financial Overview
For the three months ended 31 March 2021, PeytoExploration & Development Corp revenues increased 80% toC$186.7M. Net income totaled C$38.5M vs. loss of C$67.7M.Revenues reflect Crude Oil Production, Total increase of 5%to 1.1M barrels, Oil Equivalent Production (Units/day), Tincrease of 12% to 88K barrels per day, Natural gas andnatural gas liquid sales increase from C$97.8M to C$200.4M.Net Income reflects Average Production Costs per unit.
Employees: 51 as of Dec 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $2,368M as of Mar 31, 2021
Annual revenue (TTM): $461.03M as of Mar 31, 2021
EBITDA (TTM): $356.51M as of Mar 31, 2021
Net annual income (TTM): $70.63M as of Mar 31, 2021
Free cash flow (TTM): -$27.25M as of Mar 31, 2021
Net Debt Last Fiscal Year: $1,157M as of Mar 31, 2021
Shares outstanding: 165,781,995 as of Jul 5, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization